zenalgorithm

Oil Is Up Due to Fundamentals, Not Speculation

Author,

You have zero clue how Goldman Sachs truly operates. Even Warren Buffet called the investment banks "evil" within the past week.

Goldman and company most likely sold their long positions and various calls tied to oil today. They will be shorting tomorrow. The Enron loophole will be closed within a week...that's why it "super-spiked" quickly today.

Remember - Goldman was creating AAA-rated subprime CDOs, then soon after, making movements to short subprime assets.

Goldman is a cancer to American capitalism.